CU-BOULDER BUSINESS BUILDING TO UNDERGO $33.3 MILLION
RENOVATION AND EXPANSION

After several years of funding delays, the increasingly crowded building
housing the University of Colorado at Boulder's Leeds School of Business
will close May 12 for a yearlong $33.3 million renovation and expansion
project.

Leeds School classes and offices will move to various temporary locations
for the summer and into the Fleming Law Building from fall 2006 through
summer 2007.
Originally designed to serve 1,400 students when it opened in spring 1970,
the building currently serves more than twice that number, about 3,600
students.

Construction and renovation of the building will begin in May 2006 and
the building is scheduled to reopen for classes in fall 2007. The school
will host a public groundbreaking on May 5 at 5 p.m. outside the current
building.

"The current building is inadequate to provide a modern business
education to our students, and we're well beyond being crowded,"
said Dennis Ahlburg, dean of the Leeds School of Business.

The current structure totals 100,000 square feet and will be renovated
during the project. A 65,000-square-foot, four-story addition will be
added to the south side of the building, extending it into what is now
Observatory Field and the business school parking lot. Additional recreational
space will be added to mitigate the loss of some of Observatory Field.

The addition will include a four-level atrium with a commons area at the
lowest level designed to serve as the "social heart" of the
school. New classrooms, meeting rooms and center offices are included
in the addition.
The renovated and expanded business building will feature the additional
space and modern technology required for enhanced business teaching, learning
and research including:

three 100-student classrooms, two 75-student classrooms, six 50-
student classrooms, and four seminar classrooms, all of which are "smart
classrooms"

an "information commons" that will include 24 student team
rooms, a 24-hour café, state-of-the-art technology and will attach
to the newly renovated business library

an MBA office suite, four MBA classrooms and an MBA business center
and lounge
o a business centers suite that will include three conference rooms,
a boardroom, a reception area and numerous offices for the school's
centers

a dean's suite with a conference room and several offices

a full-service dining area to serve breakfast, lunch and dinner

a Business Research Division suite that will include a conference
room, library research room and offices and workspace for researchers
and students

newly renovated faculty offices, a faculty conference room, support
office and work room

and an undergraduate suite with offices, a student organization room
and a conference room.

"We're excited about the building and really want people to feel
like this is their school," Ahlburg said. "Now is the time for
everyone to line up behind the school and help us deliver on the promises
of the school. We have been talking about this for a long, long time and
now we're doing it."

Student fees will fund $15.2 million of the project. An additional $18.1
million needs to be raised from private sources to avoid tapping into
an already taxed Leeds School budget, according to Ahlburg.

"We have already received a $1 million gift for the project, and
many other smaller gifts," Ahlburg said. "We are off to a good
start, now we need to keep the momentum going."
In April 2004 the CU-Boulder student government approved a new student
fee on all full-time students. The fee will begin in fall 2006 and will
increase from $100 a year to $400 a year over a four-year period. The
new fee will be assessed for 20 years and also is supporting the financing
of three other campus projects -- the new Wolf Law Building, the ATLAS
Center and a Visual Arts Complex

.
The task of moving an entire school's faculty out of offices for a year,
including those who have to teach summer school, is not an easy one, Ahlburg
said. Faculty with student-related responsibilities over the summer will
be located in the University Club, while administrators will be on the
East Campus in administrative buildings. For the 2006-07 school year,
business school operations will be held in the Fleming Law Building.

"It's been a mad scramble to find places to deliver our programs,
and the law school has been incredibly helpful by providing us space,"
Ahlburg said. "This has been a tremendous collaboration."

The business building expansion will be consistent with the rest of CU-
Boulder's campus architecture in a classic rural Italian style constructed
of sandstone with a red tile roof.

RELOCATION UPDATE #3: FACTS
ABOUT THE BUSINESS LIBRARY RELOCATION

Please read on for important information you need to know about the relocation
of our William M.White Business Library and its services.

MAYMESTER AND SUMMER SESSION

* Maymester and Summer Session reserves will be housed in Norlin Library.
Kate Schirmer will handle reserve materials as usual. Kate can be reached
at 492-3251 or at Katharine.Shirmer@colorado.edu.

* We have subscribed to the JSTOR Business Collection to provide access
to core business journals from Volume 1, No. 1 to the present. Go to the
Business Library homepage: http://ucblibraries.colorado.edu/business
to find out more.

* We will be holding a series of workshops on Fridays this spring for
pointers about navigating the business library online over the relocation
period. Please watch for an email from Carol Krismann notifying of dates
& times!

FALL 2006

* Our library will resume full operations in Fleming
in August 2007. Staff phone numbers will remain the same.